Assetmark Inc. Sells 233,742 Shares of JPMorgan Global Select Equity ETF $JGLO

Assetmark Inc. decreased its stake in shares of JPMorgan Global Select Equity ETF (NASDAQ:JGLO) by 30.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 526,067 shares of the company’s stock after selling 233,742 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Global Select Equity ETF were worth $35,652,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JGLO. Jones Financial Companies Lllp bought a new position in JPMorgan Global Select Equity ETF during the third quarter valued at about $35,000. Mutual Advisors LLC bought a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter worth approximately $3,356,000. Envestnet Portfolio Solutions Inc. increased its holdings in JPMorgan Global Select Equity ETF by 11.1% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 4,977 shares of the company’s stock valued at $337,000 after buying an additional 497 shares during the period. WBH Advisory Inc. raised its stake in shares of JPMorgan Global Select Equity ETF by 9.2% in the 3rd quarter. WBH Advisory Inc. now owns 44,841 shares of the company’s stock valued at $3,039,000 after buying an additional 3,767 shares in the last quarter. Finally, Triad Wealth Partners LLC boosted its position in shares of JPMorgan Global Select Equity ETF by 10.9% during the 3rd quarter. Triad Wealth Partners LLC now owns 31,085 shares of the company’s stock valued at $2,107,000 after acquiring an additional 3,061 shares in the last quarter.

JPMorgan Global Select Equity ETF Trading Up 0.2%

JGLO stock opened at $69.03 on Friday. The business’s 50 day moving average is $68.54 and its 200-day moving average is $67.63. The firm has a market cap of $7.00 billion, a P/E ratio of 23.79 and a beta of 0.90. JPMorgan Global Select Equity ETF has a 1-year low of $51.78 and a 1-year high of $70.14.

JPMorgan Global Select Equity ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were issued a $0.8129 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 121.0%.

JPMorgan Global Select Equity ETF Profile

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.